$715,000
148 Belmont Avenue
Old Ottawa South, Ottawa
- 2 bd
- 2 ba
- House
1 / 12
$36,900
1196 Bank Street
Old Ottawa South, Ottawa, ON K1S3Y1 · MLS® X14124674
About this property
Priced to sell at $36,900! Established take-out restaurant for sale on busy Bank Street in the Glebe, one of Ottawa's most walkable, high-traffic neighbourhoods. Currently operating as a halal smash burger concept, but the space and equipment suit many other food businesses: café, bubble tea, shawarma, sandwich or wrap shop, dessert bar, pizza, breakfast spot, ghost kitchen and more. Sale includes the business, goodwill and a full commercial kitchen equipment package: freezers, refrigerators, sandwich prep fridge, two Eurodib flat-top grills, induction cooker, Vent-A-Hood exhaust fans, commercial ice machine, prep tables, triple sink, grease trap, cup sealing machine, TV menu screens, coffee machines, mixers and more. Lease in place until June 2029 with basement storage room included; assignment and any change of concept subject to landlord approval. Skip the cost of a new build-out and launch your own concept on one of Ottawa's best-known commercial streets. Inventory not included. Business sale only; real property not included. (id:65933)
- Type
- Business
- Category
- Business
- Updated
- Nov 3, 2026
Run the numbers
A quick investor's view. Change any figure; we'll do the full analysis with you.
Mortgage / mo–
Property tax / mo–
Net operating income / yr–
Cash flow / mo–
Cap rate–
Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025. Property tax assumed at 1% of price.
Listed by Royal Lepage Integrity Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.
